Tags: Durst | debt clock | national

Durst Debt Clock Keeps Right on Ticking as Legacy to Him

Monday, 02 May 2011 05:03 PM

The family of late New York real estate mogul/eccentric Seymour Durst is keeping his most famous contribution to society, the National Debt Clock, up and running. His son Douglas now maintains the clock, installed on a building in Manhattan, along with the Durst Organization, reports NYMag.com.

Debt Clock, crop, Durst“Historically, the clock is most important when no one is thinking about the debt,” company director Jordan Barowitz told the website. “It’s this silent vigil, churning away.” 

The senior Durst, who died in 1995, had the clock built for $100,000 in 1989. It features the total national debt, as well as the amount that every U.S. Household would owe, theoretically. It was shut down briefly and draped in red, white, and blue back in 2000 when the debt was retreating.

In April, Rep. Tom Reed, R-N.Y., suggested that a replica of the clock be installed on the floor U.S. House.



© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Weather Service Chief Admits Errant Snowfall Predictions

Tuesday, 27 Jan 2015 22:52 PM

The director of the National Weather Service said Tuesday that the agency did not effectively communicate the uncertaint . . .

Workers Struggle With Sick Colleagues During Flu Season

Tuesday, 27 Jan 2015 22:49 PM

With flu season in full swing, office workers across the United States are dealing with sick co-workers on a daily basis . . .

Report: Romneys Might Sell Oceanfront 'Car Elevator' Home

Tuesday, 27 Jan 2015 22:39 PM

Mitt Romney's home in La Jolla, California , the one with a car elevator in the garage , might soon be on the market. < . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved